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. the other big story, of course, behind this rally in stocks, is apple's earnings. we are awaiting its on deck, after the close tonight. could the numbers be the catalyst for returning things around for this beaten down stock, from coming down from below 700 to below 400. full team coverage on the apple results. >> one stock making a comeback today, following better than expected earnings, coach. chairman and ceo lew frankfort will be here to talk about that coming up in a few minutes. >> and a nice recovery today, but this stock is really coming from a huge sell-off. take a look at this chart here. and that really explains what went on very clearly, just at about 1:00 p.m., 1:15 eastern time or so, the market plummets on that erroneous report when the ap twitter account was hacked and bounces and comes all the way back when it becomes clear that it was, in fact, erroneous and the account was hacked. take a look at the dow, now up 1245 points. what's behind this rally? bob pisani in the middle of the action. there's the nasdaq up 30 points with technology seeing the same chart pattern
at this point in time. back to you. dagen: thank you. connell: apple driven by profits of the iphone. they are said to report tonight after the bell. dagen: down 40% last fall. dagen: the president budget. take a look at how world currencies are doing against the greenback today. ♪ ♪ [ female announcer ] from meeting customer needs... to meeting patient needs... ♪ wireless is limitless. ♪ from finding the best way... ♪ to finding the best catch... ♪ wireless is limitless. [ male announcer ] a car that can actually see like a human, using stereoscopic cameras. ♪ and even stoitself if it h to. ♪ the technology may be hard to imagine. but why you would want it... is not. the 2014 e-class. it doesn't just see the future. it is the future. ♪ >> it is 23 minutes past the hour. israel is joining written and france and accusing syrian resident of using chemical weapons last month. based on visual evidence, he believes the legal nerve agent was probably used. rebels. a car bomb exploded outside the french embassy in tripoli this morning. two french guards were injured i
through san francisco shows construction out here with more details in a little bit. >> apple may no longer be number one in the eyes of investors. what they will look if when they release a key report today. >> concert goers get more than they bargain god and what caused a best light show ever for a music festival. first, here is the tech bytes. >> facebook is off to a slow start the first week the droid app was down loaded 500,000 times compared to droid app download add million times in just 24 hours. 3-d is coming to google earth when you can navigate the globe using hand gestures and a motion controller that goes on sallie mae -- on sallie mae 13. and xbox is teaming up with pizza up to allow you to pick topping and hey! did you know that honey nut cheerios has oats that can help lower cholesterol? and it tastes good? sure does! ♪ wow. [ buzz ] delicious, right? yeah. it's the honey, it makes it taste so... ♪ well, would you look at the time... what's the rush? bee happy. bee healthy. with clusters of flakes and o's. oh, ho ho... it's the honey sweetness. i...i mean, you.
a share record territory for netflix. apple reports its earnings after the closing bell today. it's expected to show weakening from a year ago. poor iphone sales compared to ar earlier leading to what's expected to be about a 14% drop in profits. a lot of analysts ha downgraded the stock. it's rallied over the past couple of days just peeking back above $400. >>> google executive chairman eric schmidt told bbc radio this morning that google glasses will be out a year from now and admits in a it's going to require some new social he had get because there's technology in google glass that allows people to take pictures by winking and doing other things like that. he says obviously, there are situations where it won't be appropriate to record with google glass. a lot of privacy concerns with that. stocks off to a good start because of corporate earnings. dow up by 108. nasdaq up 25. s&p up 11. google shares up just slightly. frank and michelle, back to you. >> looking good. thank you, kcbs radio's financial reporter jason brooks. >>> a woman goa se when she tobacco a bathroom break a
pepsi and verizon. some of the other big companies. one stock we are keeping an eye on is apple. and i just want to pull up the very latest quote on that. apple stock is down $8.5 a share. about 2%. it's now below 400 $400 a share. $394 is where that is. apple stock down 42% from all time high of $705 last september. one money manager says apple could fall into the 300s in the coming weeks. it is now at $394 right now. we'll keep an eye on apple stock. >>> oakland is proposing a budget for the next two fiscal years that calls for spending. the budget proposal also includes two more police academies. however, the city will still need to eliminate 80 positions. the deadline for a new budget is june 30th. the public will be able to weigh in before that deadline. >> time now 7:45. firefighters are investigating an overnight fire that gutted a house in san leandro. started on deal avenue and dowling boulevard. no one was living there. neighbors made sure people living nearby got away safely. >> everybody called from one house to the next. and couple people knocked on everybody's doors. we a
. in that version facebook effectively takes other the home screen. in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot chili peppers and nine inch nails. you can go to our website ktvu.com for the full line up and more details just look under today's hot topics. >>> we're following developing news right now, a highway collision has left a pedestrian dead. what we learned after the break. >>> phil martin tracking some changes in our weather. at 10:45 he's back with the trends you're going to notice for the rest of the week. >>> a show of force in san francisco today. the changes city leaders are considering as san francisco prepares for a big public event. >>> in wall nothing
facebook effectively takes other the home screen. in the apple version the pop ups are confined to the apps itself. >>> the news was mixed today if yahoo. add revenue dropped 11% from the same quarter last year. but earnings rose 36% which was better than analysts expected. marisa myers says the company is on the right track. but u.s. sales fell 11% in extended training. >>> the line up for today's festival was announced today and it includes a huge headliner. yeah, paul mccartney is going to headline along with the red hot chili peppers and nine inch nails. you can go to our website ktvu.com for the full line up and more details just look under today's hot topics. >>> we're following developing news right now, a highway collision has left a pedestrian dead. what we learned after the break. >>> phil martin tracking some changes in our weather. at 10:45 he's back with the trends you're going to notice for the rest of the week. ♪ ♪ [ engine revs ] [ female announcer ] small... [ engine revs ] wicked... ♪ and now... ♪ topless. ♪ the fiat 500 abarth cabrio. ♪ >>> in wall nothing --
, jim. >> hey, rob. >> caller: this is an apple-banana boo-yah. >> okay. >> caller: from the big island. >> oh. oh, mahalo. >> caller: and it is the best one of them all. >> i agree with that. >> caller: now, i have a stock call called mcal. >> oh, you are playing that. well, they are sensitive to the problems in china, and these companies are very good, but people feel that china is slowing down, and i don't want to commit anymore money to mpel, because i have the see the chinese stabilize before people should own the casino stocks. that, ladies and gentlemen, is the conclusion of the lightning round >> announcer: the lightning round is sponsored by td ameritrade. coming up, crude behavior. oil's been on the decline in 2013. and while it makes for a refreshing sign at the gas station, some energy stocks are finding themselves in a slippery situation. could the slide continue? cramer sits down with the ceo of energy 21. ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct sh
at the moment. intel down over 1%. apple having a rough go in the early going. its shares are down 2.25%. speculation i have had many sales in the current quarter may fall off until the next product refresh. back to you guys. >> thank you, jason brooks. >>> million-dollar video ads are coming to your facebook page this summer. the menlo park company hasn't released much details. the company execs who heard the pitch from facebook says the ads will be costly. the ads will be no longer than 15 seconds long and users will not encounter them more than 3 times a day. at first the ads will appear on facebook's desktop version. >> could be annoying. three times a day. >>> time now for a look at what's coming up a little later on "cbs this morning." >> gayle king joins us now live in new york with more on the big show. good morning. >> reporter: good morning, frank and elizabeth. frank, did you just say something about menlo park? >> i did. isn't that your hometown? >> i was going to say i went to menlo atherton high school, mighty bears, class of 1972. >> bay area girl, as well. >> love th
you're making a juice isn't it nice to put something sweet in there? >> i like to put a pear. apples are a little bit, they're sort of empty calories. >> how about beets? >> if you like beets it gets color to the juice. i find that very sugary. >> that's the point. >> or you can add sugar. >> no, no, no, no. no, no, no. see how pretty this looks and chard has wonderful nutrients as a spinach. couldn't find any spinach growing in the garden centers yesterday. >> these are feisty. >> the roots are well developed. that's what you look for. >> my roots are well developed as well because i'm having the same issue. >> that looks good. >> thank you. >> those are going to grow so the peppers are going to get big and the tomato much larger than that. you'll probably have to stake it. >> a tea garden, salsa garden and healthy juices. >> the fourth is a salad garden. this is just salad. they call this snip garden. that will give you salad for two people for quite a long time if you just keep snipping. >> martha, always good information. nice to see you. >> we're back in a few moments and show y
, supposedly. >> it's interesting, that's the same thing people said about the shares of apple when they were selling off, that you had to sell your winners to pay for other stuff. >> if you need liquidity, you go where -- >> i think it's more japan than cyprus, don't you think? >> it's more dependent on cyprus? >> no. more japan than cyprus. >> there were rumors that cyprus was selling gold. >> i saw those rumors. >> to get it started, there were so many -- and it was pointed out yesterday, i think i was reading something from peter chip, who loves gold, that when it went up to a thousand or 1200, maybe that was all fundamentally true. but then once it went up to 1200, but then once all the investment guys that were having trouble getting returned in equities, once they saw that there was momentum there, all kinds of investment money went into it to try to chase return. >> but he was saying 1200 is fundamental? that's still down a couple hundred from where it is now. >> there were people saying 1260 people last week saying 800 or 900. >> so does bid coin track gold? >> apparently. apparently
Search Results 0 to 10 of about 11